JPMorgan Control Manager - Outsourcing & Vendor Management 

India, Karnataka, Bengaluru 

750245437

Job Responsibilities:

• Oversee Outsourcing activities effectively, including onboarding, due diligence, risk assessment, and continuing vendor monitoring.
• Identify and mitigate risks, proactively addressing potential roadblocks and implementing contingency plans.
• Develop expertise across areas of outsourcing-related oversight, governance, and regulatory deliverables.
• Involve yourself in vendor contract negotiation and problem-solving to ensure favorable agreements.
• Build and maintain strong relationships with vendors to foster collaboration and communication.
• Identify and mitigate risks associated with vendor relationships, as well as oversee and reduce costs associated with vendor services and products.
• Assist in representing the business in addressing and resolving any issues or disputes.
• Align Vendor Management strategies with organizational goals and encourage vendors to innovate and improve their offerings.
• Support with drafting regulatory papers, metrics, status updates, and other reporting.
• Represent the business at relevant Outsourcing governance forums and implement and maintain effective coordination and collaboration with stakeholders.
• Act as the owner and subject matter expert of the Outsourcing and Vendor Management frameworks and assist in maintaining an Outsourcing Register across multiple entities.

Required Qualifications, Capabilities, and Skills:

• Demonstrated understanding and experience in compliance, controls, or operational risk.
• Ability to communicate with various stakeholder groups at different levels. As well as Capability to address and resolve issues or disputes in vendor relationships.
• Ability to analyze vendor performance data, market trends, financial information and ability to negotiate work closely with vendors.
• Experience in building and maintaining strong relationships with vendors.
• Skills in planning, organizing, and managing Outsourcing and Vendor-related projects.
• Experience in identifying and mitigating risks associated with vendor relationships.
• Understanding of financial principles and budgeting.
• Ability to align Outsourcing and Vendor management strategies with organizational goals.
• Familiarity with relevant technologies and systems used in Outsourcing and Vendor management.
• Experience in Outsourcing, Vendor Management, procurement, supply chain management, or related fields.
• Experience in change management and/or project management within an Agile environment.

Preferred Qualifications, Capabilities, and Skills:

• Effective interpersonal skills and ability to work across teams and geographic locations.
• Understanding of IT environments is a plus
• Understanding of the industry in which the organization operates.
• Self-starter and ambitious to develop in a fast-moving firmwide function.
• Planning, prioritization, and time-management skills.
• Good networking skills and initiative.
• Bachelor’s Degree or equivalent experience.